Core Viewpoint - Hedera's (HBAR) price has been on a downward trend, with a 5% decline in the past week and nearly 24% over the past month, but indicators suggest a potential reversal if a critical price level is cleared [1][6]. Price Performance - HBAR has struggled to recover from the "Black Friday" crash, indicating ongoing selling pressure [1]. - The current trading price is around $0.17, with immediate support at $0.16 and resistance at $0.19 [6][8]. Technical Indicators - The Relative Strength Index (RSI) shows an early bullish divergence, suggesting that sellers may be losing strength [2][3]. - The Chaikin Money Flow (CMF) remains positive at 0.18, indicating that more money is flowing into HBAR than out, despite a slight easing [4][5]. Resistance and Support Levels - For a bullish reversal to be confirmed, HBAR needs to rise approximately 9% to close above $0.19, which has acted as a strong resistance level since October 11 [7][8]. - If HBAR fails to maintain above $0.16, it could drop towards $0.15, negating the bullish setup [8]. Market Sentiment - Large HBAR wallets continue to buy, indicating sustained interest in the asset despite recent price corrections [4][5].

Core Insights - Pi Network's native token PI has experienced a significant rebound after hitting an all-time low of $0.1533 during a recent market crash, indicating a potential recovery phase for the altcoin [1] - The altcoin has shown steady gains over the past three days, defying broader bearish market sentiment as traders re-enter the market [1] - Technical indicators suggest that PI may break above previous resistance levels, signaling a bullish trend [1] Market Sentiment and Indicators - The Elder-Ray Index readings for PI/USD show a reduction in sell-side pressure, with the current momentum indicator at -0.0482, indicating a potential bullish reversal [2][3] - The shrinking red bars in the Elder-Ray Index suggest that bearish momentum is weakening, which typically precedes a bullish trend reversal or short-term rally [3] - The Balance of Power (BoP) reading for PI is currently at 0.59, indicating a growing buy-side conviction among traders and reflecting a gradual return of bullish sentiment [4][5] Price Analysis and Projections - Current trends indicate a shift in market sentiment towards PI, with a potential breakout above the $0.2573 resistance level that could lead to a target zone of $0.2917 [6] - If accumulation of PI fails, there is a risk of revisiting the all-time low of $0.1533 [7]

Support and Downside Targets - The recent swing low of $62.19 marks critical near-term support, with a decisive break below this level confirming a continuation of the broader bearish trend [1] - The next lower target is projected between $60.66 and $60.60, aligning with a 78.6% Fibonacci retracement and a measured target from a falling ABCD pattern [1] - A deeper bearish objective is indicated at $57.71 based on a 100% projection of the same ABCD structure [1] Signs of Potential Reversal - Recent consolidation suggests that bearish momentum has temporarily stalled, opening the possibility for a short-term bullish reversal [2] - A small double bottom pattern has developed, with a breakout signal triggered on a move above last Friday's high of $64.18 [2] - If confirmed, this could lead to a test of resistance near the 20-Day moving average, currently at $65.78 [2] Key Resistance Zone - The resistance area is significant due to an anchored volume weighted average price (AVWAP) line from the June trend low, currently at $65.53 [3] - This AVWAP served as reliable support until it was broken to the downside on August 6 [3] - A rally back into this area would mark a critical test for bulls, as reclaiming the 20-Day average and AVWAP is essential to shift momentum in their favor [3] Outlook - Crude oil remains trapped between support at $62.19 and resistance at $64.18, requiring a breakout beyond either boundary for momentum improvement [4] - Traders can expect further consolidation within this range, with the broader bias continuing to favor the bears [4]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, publications, and personal analysis intended for educational and research purposes [1]. - It clarifies that the information does not constitute any recommendation or advice for investment actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research before making investment decisions, especially regarding instruments they do not fully understand [1].